Passed 37 to 1 in the Senate on May 15, 2012, to exempt from sales tax the value of a trade-in on the purchase of a new motor vehicle or titled watercraft. The buyer would only pay tax on the difference between the value of the trade-in and the purchase price of the new item. The tax cut would be phased in biannual installments through the end of 2017. View All of Senate Bill 127: History, Amendments & Comments

The vote was 37 in favor, 1 against, and 0 not voting.
(Senate Roll Call 337)